Check my wor CP13-3 Vertical Analysis of a Balance Sheet [LO 13-3, LO 13-5] Interactive Arts is a video game company that competes with Extravision Blizzard. A condensed balance sheet for Interactive Arts and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 4 percent, computed as ($250 + $5,906). 2-a. What percentages of Interactive Arts assets relate to intangibles versus property and equipment? 2-b. Which of these two asset groups is more significant to interactive Arts business? W 13 Sored Help Save & Exk Subm Check my work 3 Reg 1 Req 2A Req 28 66 Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 4 percent, computed as ($250 + $5,906). (Round your answers to the nearest whole percent.) nts Book Print ferences 2% Cash and Short-Term Investments 5 2.279 Accounts Receivable, Net 250 Inventory 46 Other Current Assets 483 Intangibles Property and Equipment, Net 725 Other Assets 193 Total Assets $ 5,906 INTERACTIVE ARTS Balance Sheet summarized March 31, 2016 (in millions of US dollara 39 % Accounts Payable 4 Deferred Revenue 1 Notes Payable (long-term) Total Liabilities Common Stock Retained Earnings 3 Total Stockholders Equity 100 % Total Liabilities & Stockholders' Equity 34 48 1.930 $ 123 728 1,979 2830 3.028 48 3,076 $ 5,906 1 52 100% Reg 2 > N 13 Help Save & Exit Check 3 2". WHILIT UIUIS VU Oeyi uus is HOLE SIyili OIL LUHHEILUVE HISUUS: Complete this question by entering your answers in the tabs below. 56 Reg 1 Req 2A Reg 28 eBook Print What percentages of Interactive Arts assets relate to Intangibles versus property and equipment? (Round your answers to the nearest whole percent.) ferences Percentage Intangibles Property and Equipment X 3 Check my work 2-0. What percentages of Interactive Arts assets relate to intangibles versus property and equipment? 2-b. Which of these two asset groups is more significant to Interactive Arts business? Complete this question by entering your answers in the tabs below. OR Reg 1 Rg2A Reg 28 nces which of these two asset groups is more significant to interactive Arts business? Intangibles Property and Equipment Reg 2 Roy 20 >